R. Allen Beggs, president of QualCorp, Inc. (www.qualcorp.com) announced that GMI of Valley Forge, Pa., has signed a five-year contract with QualCorp, Inc. to license FormsPlus for commercial auto policies in 42 states.
FormsPlus will be integrated into the current GMI rating software offered by Rackley Rating Systems of Pulaski, Tenn. The new automated system will enable GMI to rate, quote and bind without any duplicate data entry. The rating and policy level data available to them in the FormsPlus MS SQL database will also be used for statistical and management reports. The system is expected to go live in June 2003.
“We’re discovering that carriers and managing general agencies need our systems more now than ever before,” Beggs commented. “FormsPlus continues to be popular because we’ve invested the time and resources to keep it current and user friendly for the insurance industry.”
Was this article valuable?
Here are more articles you may enjoy.
US P/C Industry Records $16 Billion Underwriting Income in Q1 
El Nino Is Here and Scientists Fear It’ll Bring Costly Heat, Floods, Droughts, Fires 
WR Berkley Founder and Executive Chairman Dies at 80 
Appetite for Insurance M&A Remains as AI Enters the Chat, Says PwC 
